TRADE WARS

News About World Trade

7,447 articles

Tencent revenue stagnates with China crackdowns and lockdowns
May 18, 2022 (AFP)
Revenue for the Shenzhen-based firm came in at 135.5 billion yuan ($20.1 billion) in the first quarter, putting year-on-year growth at nearly zero. Revenue grow...
China deepens support for tech as virus limits options
May 18, 2022 (AFP)
China -- the last major global economy sticking to a rigid zero-Covid policy -- is contending with an economic slump due to prolonged virus lockdowns which have...
Some Trump China tariffs impose 'more harm on consumers, businesses': Yellen
May 18, 2022 (AFP)
American tariffs on hundreds of billions of dollars of Chinese imports are due to expire in July, and President Joe Biden has faced growing calls to get rid of ...
Casino mogul Wynn sued for acting as agent for China
May 18, 2022 (AFP)
Wynn, the founder and former chief executive of Wynn Resorts, acted on behalf of Beijing in 2017 when he met with president Donald Trump and senior administrati...
Asian markets mixed after US retail data boosts Wall Street
May 18, 2022 (AFP)
The US Federal Reserve's tightening of monetary policy to contain surging inflation has sent jolts through global markets, deepening the apprehensions of invest...
Asian stocks up after Wall Street dip on China's Covid-bruised data
May 17, 2022 (AFP)
China has persisted in its strict zero-Covid policy to stamp out an Omicron-fuelled wave, ordering lockdowns in various cities and shuttering factories and port...
Global stocks rally eyeing China reopening
May 17, 2022 (AFP)
European exchanges closed higher and Wall Street's main indices also rose, spurred as well by a nearly one-percent rise in April retail sales. "We've seen a muc...
China's retail sales slump as lockdowns cause chaos
May 16, 2022 (AFP)
The world's second-largest economy has persisted with strict virus measures, choking up global supply chains as dozens of Chinese cities -- including key busine...
China's retail sales lowest in two years from Covid damage
May 16, 2022 (AFP)
The world's second-largest economy has persisted with strict virus measures, choking up global supply chains as dozens of Chinese cities -- including key busine...
Marathon week of WTO talks aim to net fisheries deal
May 16, 2022 (AFP)
"The negotiations are at a very critical juncture," WTO chief Ngozi Okonjo-Iweala stressed in a statement, after nearly 200 environmental groups handed her a le...
US rate hikes strain Hong Kong's virus-weakened economy
May 15, 2022 (AFP)
Hong Kong has pegged its currency to the US dollar since 1983, which has helped the city weather economic storms such as the 1997 Asian financial crisis and und...
Asian stocks down as inflation fears churn markets
May 12, 2022 (AFP)
Stocks have been volatile for much of 2022, fuelled by China's Covid-19 lockdowns, Russia's invasion of Ukraine, and surging inflation that has dampened consume...
China-backed projects testament to Sri Lanka's mismanagement
May 10, 2022 (AFP)
The South Asian island nation borrowed heavily to plug years of budget shortfalls and trade deficits, but squandered huge sums on ill-considered infrastructure ...
Asian stocks tumble on global anxieties over inflation
May 09, 2022 (AFP)
Global markets have taken a beating over a series of crises including surging inflation, rising interest rates, China's economic slowdown and the war in Ukraine...
Western multinationals congratulate Hong Kong's new leader
May 09, 2022 (AFP)
Lee, 64, a former security chief who oversaw the crackdown on Hong Kong's democracy movement, was anointed the business hub's new leader on Sunday in a near una...
China's April exports slump to lowest in two years as virus bites
May 09, 2022 (AFP)
The data shows the extent of growing damage to the world's second largest economy as millions are confined to their homes -- particularly in key business hub Sh...
Xi warms up China's economy, but virus narrows options
May 08, 2022 (AFP)
Two and a half years since the coronavirus first emerged in Wuhan, China is the last major economy still closed off to the world, despite its relatively low dea...
Fears mount for China's economy as leaders dig in on zero-Covid
May 06, 2022 (AFP)
Leaders have taken a hardline approach to stamping out virus outbreaks, locking down Shanghai -- the country's economic dynamo and biggest city -- and slowly re...
Asian markets tumble on Wall street rout, pound slumps
May 06, 2022 (AFP)
Global markets have been battered this year by a series of crises including surging inflation, rising interest rates, China's economic slowdown and the war in U...
Asian, European markets track Wall St rout as pound falls further
May 06, 2022 (AFP)
Global markets have been battered this year by a series of crises including surging inflation, rising interest rates, China's economic slowdown and the war in U...
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